Wheat Farmers Applaud Trade Deals in Latin America

Dalton Henry, with U.S. Wheat Associates, joined RFD-TV to provide insight on what the pending trade frameworks may mean for American wheat growers.

MANHATTAN, KAN. (RFD-TV) — Wheat farmers are applauding the Trump Administration’s efforts to expand agricultural trade with Latin America. Four new pacts are in the framework stage right now and are expected to be signed within the next two weeks. Dalton Henry, with the U.S. Wheat Associates, joined us on Wednesday’s Market Day Report to talk about what this means for their industry.

In his interview with RFD-TV News, Dalton discussed what these developing agreements could mean for the industry, beginning with Ecuador — a market showing strong potential for increased U.S. wheat demand as trade barriers ease and purchasing opportunities grow. He also highlighted the developing frameworks with El Salvador and Guatemala, two markets that rely heavily on imported wheat and could offer expanded opportunities for U.S. producers if agreements are finalized.

Henry noted that Argentina remains a key competitor in the global wheat market, but said a potential trade framework with the country could create new avenues for cooperation and stability in regional supply chains. Looking ahead, he said, U.S. wheat farmers are cautiously optimistic as trade negotiations continue, hopeful these new agreements will lead to long-term market growth and stronger export relationships across Latin America.

Related Stories
Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.
Disease risks remain a key factor to watch heading into fall.
Grain shippers face lower freight values thanks to weak soybean exports and strong rail service, but barge traffic and forward Gulf loadings suggest continued uncertainty as harvest ramps up.
Producers may need to prepare for margin pressure in livestock feeding, while dairy farmers could benefit from stronger product demand.
Farmers await concrete trade commitments from China. Until then, export prospects for soybeans, corn, and sorghum remain uncertain against strong South American competition.
National Sorghum Producers CEO Tim Lust said farmers face a challenging year with strong supply, murky trade conditions, and uncertain access to their largest market: China.

LATEST STORIES BY THIS AUTHOR:

Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to discuss the implications for farmers.
Chris Bliley with Growth Energy discusses ongoing concerns about U.S. ethanol exports and the expansion of market access promised under the Phase One deal between the U.S. and China.
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
RFD-TV tax expert Roger McEowen discusses the renewed tax provision and how cattle producers can take advantage of it to recover investments in heifer retention and herd expansion more quickly.
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.